NOT LISTED FOR SALE

145 Gibbs Ave Unit 2 Newport, RI 02840

Kay-Catherine Neighborhood

Estimated Value: $1,037,000 - $1,592,000

4 Beds
2 Baths
1,500 Sq Ft
$808/Sq Ft Est. Value

Highlights

  • Marina
  • Wood Flooring
  • Tennis Courts
  • Golf Course Community
  • No HOA
  • 3-minute walk to J Paul Braga Junior Memorial Field

About This Home

As of December 2019

Totally renovated throughout! Just like New Construction! Town house style apartment. Features include: New kitchen with white shaker cabinets, an island, granite counter tops, stainless steel appliances incl dishwasher. New bathrooms are gorgeous with brand new deep tubs and tiled shower surrounds. Gleaming freshly refinished Hardwood floors. Laundry on site, yard, driveway for off-street parking. Walking distance to Downtown Newport and First Beach, also close to Navy Base. High efficiency gas heat.

Last Agent to Rent the Property

Jeremy Booth

Ella Hudson Group License #REB.0019026 Listed on: 09/27/2019

Last Renter's Agent

Jeremy Booth

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $6,606

Year Built

  • Built in 1900

Lot Details

  • 5,053

Home Design

  • Entry on the 2nd floor
  • Wood Siding
  • Shingle Siding
  • Plaster

Interior Spaces

  • 1,500 Sq Ft Home
  • 2-Story Property
  • Storage Room
  • Laundry Room

Kitchen

  • Oven
  • Range
  • Dishwasher

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Parking

  • 2 Parking Spaces
  • No Garage
  • Driveway
  • Assigned Parking

Utilities

  • Window Unit Cooling System
  • Heating System Uses Gas
  • Baseboard Heating
  • Gas Water Heater

Additional Features

  • Walking Distance to Water
  • Fenced
  • Property near a hospital

Listing and Financial Details

  • Property Available on 11/1/19
  • 12 Month Lease Term
  • Assessor Parcel Number 145GIBBSAV2NEWP

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Kay/Catherine Subdivision

Amenities

  • Shops

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts
  • Recreation Facilities

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Apartment

Est. Annual Taxes

$6,606

Year Built

Built in 1900

Lot Details

0

Rental Info

  • Lease Term: 12 Months
  • Available Date: 2019-11-01

Listing Details

  • Prop. Type: Residential Lease
  • Subdivision Name: Kay/Catherine
  • Above Grade Finished Sq Ft: 1500.0
  • Entry Level: 2
  • Garage Yn: No
  • Unit Levels: Two
  • Building Stories: 2
  • Structure Type: Apartment
  • Year Built: 1900
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Furnished: Unfurnished
  • Appliances: Dishwasher, Gas Water Heater, Oven, Range, Refrigerator
  • Has Basement: Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Entry Location: Private Entry
  • Flooring: Hardwood, Vinyl
  • Interior Amenities: Bathtub, Tub Shower
  • Living Area: 1500.0
  • Dining Room Type: Laundry, Storage Room
  • Stories: 2
  • ResoLivingAreaSource: Estimated

Exterior Features

  • Fencing: Fenced
  • Waterfront Features: Walk to Water
  • Construction Type: Drywall, Plaster, Other, Shingle Siding, Wood Siding
  • Exterior Features: Paved Driveway

Garage/Parking

  • Parking Features: Assigned, No Garage
  • Total Parking Spaces: 2.0

Utilities

  • Laundry Features: Common Area
  • Cooling: None, Window Unit(s)
  • Cooling Y N: No
  • Heating: Baseboard, Gas
  • Heating Yn: Yes
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Community Features: Golf, Marina, Near Hospital, Near Schools, Recreation Area, Shopping, Tennis Court(s), Sidewalks
  • Senior Community: No
  • HOA Rent Includes: Common Area Maintenance, Laundry Facilities, Parking, Sewer, Trash Collection
  • Association: No
  • Pets Allowed: Call, No, Negotiable

Lot Info

  • Parcel #: 145GIBBSAV2NEWP
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units In Community: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 20, 2019
Sold by
Reed Development Corp
Bought by
Reed Mackenzie C
Current Estimated Value
$1,212,506

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Outstanding Balance
$350,867
Interest Rate
3.88%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$916,284
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Reed Mackenzie C $500,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reed Mackenzie C $100,000
Open Reed Mackenzie C $400,000
Previous Owner Reed Development Corp $400,000
Previous Owner Bush Leon R $10,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/01/2019 12/01/19 Rented $2,400 0.0% --
11/01/2019 11/01/19 Under Contract -- -- --
09/27/2019 09/27/19 For Rent $2,400 -4.0% --
02/06/2019 02/06/19 Rented $2,500 0.0% --
01/07/2019 01/07/19 Under Contract -- -- --
01/04/2019 01/04/19 For Rent $2,500 -- --
Source: State-Wide MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $6,606 $803,700 $220,400 $583,300
2023 $5,056 $509,700 $155,800 $353,900
2022 $4,898 $509,700 $155,800 $353,900
2021 $4,756 $509,700 $155,800 $353,900
2020 $4,105 $399,300 $130,200 $269,100
2019 $4,105 $399,300 $130,200 $269,100
2018 $3,989 $399,300 $130,200 $269,100
2017 $3,591 $320,300 $100,200 $220,100
2016 $3,501 $320,300 $100,200 $220,100
2015 $3,418 $320,300 $100,200 $220,100
2014 $3,584 $297,200 $100,200 $197,000
Source: Public Records

Agents Affiliated with this Home

  • Jeremy Booth

    Landlord's Agent in 2019

    Jeremy Booth

    Ella Hudson Group

    (401) 480-8855

    2 in this area

    18 Total Sales

    Jeremy Booth
    Section Image
  • Karin Jackson

    Buyer's Agent in 2019

    Karin Jackson

    Lila Delman Compass

    (401) 338-3771

    13 in this area

    163 Total Sales

    Karin Jackson
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1237443

State-Wide MLS

APN: NEWP-000011-000000-000044

Rhode Island Newport County Newport 02840 Kay-Catherine

145 Gibbs Ave Unit 2, Newport, RI

This home is located at 145 Gibbs Ave Unit 2, Newport, RI 02840 since 27 September 2019 and is currently priced at $1,212,506. This property was built in 1900. 145 Gibbs Ave Unit 2 is a home located in Newport County with nearby schools including Rogers High School, St Michael's Country Day School, and All Saints STEAM Academy.

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